Self-Awareness, Habits & Warren Buffett's Success Secret?

The newsletter which curates & delivers the best mind hacks, mental health tips & high performance strategies to you every single week.

šŸ§  MIND HACK

The Power Of ā€˜Trackingā€™ (Or... How To Create Effortless Improvement *Without* Consciously Changing Anything!)

There was a study conducted on the link between tracking & weight loss... (& don't worry, weā€™ll show you how to use these findings to achieve whatever your goals are, even if they are not weight loss.)

In this particular study though, the participants were told not to make any conscious changes to their diet, or to their exercise routines...

The only change they were asked to make is to merely write down (to 'track') what they ate & what exercise they did, every day...

That's it...

Not changing anything, just write it out.

And so, they did...

And the researchers, of course, tracked their results over time (in this case, their weight)...

When the study was completed & the results came back, they were rather shocking!

The individuals in the study... despite being told not to make any conscious changes to their diet or their exercise... they had actually started to lose weight!

That's right, they lost weight by doing seemingly nothing... just writing some stuff on a piece of paper every day!

Letā€™s get this straight... their weight loss definitely did not come from the movement of their fingers while they were writing - it came from something else (which we'll explain in a moment!)

But this study, when done the first time, did arise some skepticism...

People doubt the outcome.

Of course, they did...

Who wouldn't?

With more than 2/3rd of American's nowadays either overweight or obese & the fitness industry worth hundreds of billions of dollars... & people all around the world doing anything & everything they can to lose weight (dieting, spending hours at the gym, starving themselves sometimes, unfortunately!)... yet, here, people were losing weight without making any conscious changes to their life at all...

So they repeated the study...

They did it again & again...

And the results tracked.

Each time, the results would come back the sameā€¦ the participants would start losing weight!

By getting individuals to simply track what they ate & what exercise they didā€¦ it led them to lose weight!

Now, here's the real reason we're sharing this with you (& the reason that participants started losing weight despite being told not to make any conscious changes to their diet or exercise...)

It comes back to, once again, the great power of tracking your progress & how that creates greater self-awareness & inspires new action, almost automatically... (no conscious thought required!)

Weight loss... as you know... it doesn't just happen...

People need to do things differently in order to lose weight!

So, in the study, that's what they did....

The participants ate less & exercised more on average...

"But, wait, wait, wait..." you might think...

"Didn't you write that the participants were told that they couldn't make any changes to their diet or their exercise..."

Yes, we did...

But, the key word here is conscious!

They couldn't say, "I'm going to eat less"... "I'm going on a diet"... to get a coach when they didn't have one before... or sign up for the gym or fitness program in order to get better results - they couldn't do that!

Yet, they were, in fact, eating less... exercising more...

...except, they were doing this without, in most cases, even realizing it!

They were doing this not consciously, but subconsciously!

Because that's thatā€™s what our brains do...

If you've ever tracked anything, you've probably experienced this first hand... (although, you may not have even realized this was going on!)

Think about it...

In the study, they had to write down anything & everything that they ate during each day... what does that that do to their brain?

Well, if there's writing down another thing for the day & you see that the list is getting a little long, one's brain is likely to go (again, not necessarily consciously)... it's likely to go:

"Wow, I've eaten a lot today!"

Or, even not that... but we're likely to feel bad (a slight negative emotion) when we're writing down anything & the list of what we've stuff in our faces is getting long for the day...

Essentially, tracking & reflection creates that type of self-awareness...

Like this - take a look at the framework:

In the case of this example, it incentive the participants to eat less.

To keep the list of everything they ate shorter (so they don't have to feel the same sadness, embarrassment perhaps about having such a long list; so we can feel better about ourselves & our progress tomorrow.)

Or, someone goes a whole day without exercise...

At the end of the day, or the next morning, they look at their list & see that they did NO exercise... what are they inclined to do next time?

To move; to exercise.

Because, psychologically that tracking led to that moment of "oh, wow, I haven't exercised all day... maybe I can do better here?"

So, more often than not, we do... even without thinking about it.

That's the great power of tracking, which leads to self-awareness.

Btw, another research study (similar to this!) shows that putting people in a room with more mirrors in it led to higher performance at particular tasks - yes, a room with more mirrors; that's all it took to raise performance in this study.

Why?

Because looking at ourselves in the mirror (just like writing down what we did, or ate, or exercise we did or didn't perform) makes us more "self-aware" in that moment... and therefore (not necessraily consciously, but subconsciously!) can incentivize us to do better next time!

It's the exact same idea...

Self-awareness (which comes from tracking, from measuring, from keeping yourself accountable, from reviewing our progress) motivates us naturally to do better...

And can, in some cases, can even bring about completely unconscious change & better results by itself (as this fascinating weight loss study showed!)

That's the power of tracking...

Or, as Peter Drucker once said (& this study proves):

ā€œWhat gets measured, gets improvedā€

Peter Drucker

So, that's the importance of tracking overall...

The question is how can use this to achieve your own goals?

First, figure out what you want & how you know you're making progressā€¦

A good question to ask is:

ā

ā€œHow will I know when Iā€™ve succeeded at my goal?ā€

This will help you come up with metrics you can then track...

Next, you're going to figure out the 'inputs' that create the 'outputs' within the system you're operating in...

Contuining the weight loss example...

'Losing weight' is an 'output', not an 'input'...

It's not something you can put on your 'to do list' or schedule in your calendar...

Rather, there are certain 'inputs' which we know leads to changes in outputā€¦

Simple ones including eating less (or better), moving/exercising more... or less obvious ones like sleep (more sleep helps weight loss), stress (e.g. stress leads to your body storing more fat), or the social aspect... (if all the people you spend time with have poor health habits & are overweight, you're statistically more likely to be so as well).

So, figure out the inputs for your own goals...

And from there, start tracking those (just like they did in the study!)ā€¦

Implement this simple, yet powerful, mind hack in your life today!

ā€Žā€šŸ’­ QUOTE OF THE WEEK

Who Are ā€˜Youā€™, Really?

Here's the quote well worth pondering:

ā

ā€œLife isn't about finding yourself. Life is about creating yourselfā€

George Bernard Shaw

We're often told that we need to 'find ourselves' as if who we are is some ready-made thing... but, as many philosophers & thought leaders suggest, it's likely not...

Rather, 'you' are something that you get to create, to design, to craft as you wishā€¦

Put simply: you get to become whoever you want to be!

ā€Žā€šŸŽ“ FEATURED COURSE

Have you ever heard the saying,

ā

ā€œChange your habits, change your lifeā€

Well, it's absolutely true...

When you change the things you do consistently (a.k.a. your habits!), everything changes for you in your life...

Take health & fitness as one example...

As you very well know, it's not created through random, sporadic action ā€” like a random workout or eating a salad now & again...

Rather, good health/fitness comes from building the right healthy habits...

...at which point, you do the right things (eating right, exercising, taking care of yourself) with the same ease/automaticity as brushing your teeth in the morning! (no thinking, planning or willpower required!)  

Same with your career, or relationships...

Highly-successful careers & loving relationships are built through consistent effort & work (a.k.a. habits)...

When you build the right work, career, communication & relationship habits, you consistently & automatically do the right things & start seeing amazing results...

(Habits = Consistency ā† remember that)

So, yes, when you 'change your habits' you really do 'change your life.'

Now... to help you to implement this life-altering advice into your life, we published an new course for you here at Potencia, called;

In the 3 parts of this course, you'll learn everything you need ā€” from paradigm-shattering insights, to eye-opening frameworks, all the way down to specific strategies & step-by-step processes ā€” to change your habits & therefore your life!

Here's just a (tiny) fraction of what you'll learn inside:

  • A complete overview of how habits really work... including, how they form in the first place, the 4 stages of habit formation, how your brain activity changes at each stage & other game-changing frameworks.

  • 6 biological, psychological & emotional drivers that guide all our decisions, actions & habits... (plus: how to use this to build the right habits into your everyday life!)

  • How Bogdan broke his disgusting habit of biting his fingernails using a simple 3-step process... & how you change your bad habits too!

  • The "3 types of economic incentives" governments & law makers use to create order in the world (plus: how to use an adapted version of them in your life, to incentivize yourself to do the right things & avoid doing things that disempower you!)

  • How to apply the "golden rule of habit change" to easily replace (& switch out!) bad habit, with new, good & empowering ones...

  • 12 proven "Accelerated Habit Building" strategies... you can use to build any habit that you want, faster & more rapidly than ever before...

  • How to use "Habit Stacking" to create amazing routines that set you up to win across all the important areas of your life!

  • The "point of no-return strategy"... that "tricks your brain" into doing difficult things, easily!

  • How to use the same strategy routinely used by dolphin trainers, slot machine designers & even the lottery... to positively condition in new habits that empower you to do more, be more & achieve more!

And a whole lot more!

ā€Žā€ā™Ÿļø MENTAL MODEL

ā€™Inversion' (Or... How To Solve Life's Biggest Challenges More Easily By Taking The Reverse Approach!)

It was the German mathematician, Carl Jacobi, who best exemplified this particular mental model...

He was famously known for solving difficult problems by following a simple strategy: ā€œman muss immer umkehrenā€

(or loosely translated, ā€œinvert, always invert.ā€)

Today, this is a ā€˜mental modelā€™ used by many, including 2 of the smartest (& in addition, richest!) people of all timeā€¦ Warren Buffett & his business partner, Charlie Munger.

They use the mental model of "inversion" to flip problems or information on its head & look at it backwardsā€¦ in turn, avoiding bad decisions & making better ones!

Which brings us to the mental model itself...

What is ā€˜inversion?ā€™

Well, it based on the idea that most of the time the only real perspective we consider is the straight forward, direct, forward-thinking one...

We want to make money, so we ask "how can I make money?"

Or, we want to solve a problem, so we think "how can I solve this problem?"

It works, but it's only 1 perspective & therefore, limitedā€¦

Also, often we don't know what we wantā€¦

In fact, we often know what we don't want much more vividly & clearly than we know what we do want.

We can use this to our advantage.

What you do is you take a question & you invert it...

For example, instead of asking "how can I succeed?" (although that's a question that's usually too vague to be helpful, but we'll use it for this example?)

Instead, by applying the "inversion" mental model, you might ask,

"What are all of the things that I could do to fail?"

Based on this, you then list out all of those things...

Now, you simply avoid them...

And by avoiding them, you move away from them & towards what you ultimately do wantā€¦

Plus, this is usually simplier to do as wellā€¦

Or, instead of asking "how can I be healthier?"

You can ask, "What are all the things that are stopping be from being healthy?"

You invert & consider the question from a different perspective (backwards, instead of forwards, in this case?)

Or, ā€œwhat are all the things that could go wrong?ā€

A great example of planning for the "worse case scenario", so that you're prepared for everything & therefore, are actually more likely to succeed...

So, that's the "inversion" framework & mental model!

And if youā€™d like to learn more thinking tools like this one that you can use to make better decisions & achieve better results, be sure to check out our newly-released, companion newsletter called:

As part of this publication, we do the heavy lifting & grunt work of meticulously researching, studying & curating the best insights, concepts & frameworks for you & share it allā€¦ helping you make more intelligent decisions & get ahead in life...

And ultimately supporting you to achieve more of the results, the success, happiness & wellbeing you truly deserve in this life!

Ignore the following text. Itā€™s random & only here to improve delivery. It helped her understand all of the little things I do for her that I thought she was too young to notice. But now she says "thank you" more often, which really brings a smile to my face. I already know that this book is going to help her grow up to be a kind, grateful young lady." Thanks again for this book and I hope you can share this message with other mothers like me so they can read it to their kids." - Jenny Now, that's an incredible story! A Mother's Love is certainly one of my favorites, too, because of all the messages I get like this one. Click the button below to take a look inside A Mother's Love: It's about an interesting creature... a lonely Yeti, who's living in the snowy mountains all by herself, hoping for some company... Here goes: "If you're looking for some fun, or maybe even a friend, go up to the mountain to the path's end. There you'll find the Yeti, who lives all alone. She'll make you feel welcome in her snow-covered home. So pack up your gear, go slow and steady, the fun's just begun because the Yeti is ready!" This fun poem is from a new book called The Yeti Is Ready... And it's given my kids a new perspective on friendship & acceptance!" Click the red button below to take a look inside The Yeti Is Ready: You will rejoice to hear that no disaster has accompanied the commencement of an enterprise which you have regarded with such evil forebodings. I arrived here yesterday, and my first task is to assure my sister of my welfare and increasing confidence in the success of my undertaking. I am already far north of London, and as I walk in the streets of Petersburgh, I feel a cold northern breeze play upon my cheeks, which braces my nerves and fills me with delight. Do you understand this feeling? This breeze, which has travelled from the regions towards which I am advancing, gives me a foretaste of those icy climes. Inspirited by this wind of promise, my daydreams become more fervent and vivid. I try in vain to be persuaded that the pole is the seat of frost and desolation; it ever presents itself to my imagination as the region of beauty and delight. There, Margaret, the sun is for ever visible, its broad disk just skirting the horizon and diffusing a perpetual splendour. Thereā€”for with your leave, my sister, I will put some trust in preceding navigatorsā€”there snow and frost are banished; and, sailing over a calm sea, we may be wafted to a land surpassing in wonders and in beauty every region hitherto discovered on the habitable globe. Its productions and features may be without example, as the phenomena of the heavenly bodies undoubtedly are in those undiscovered solitudes. What may not be expected in a country of eternal light? I may there discover the wondrous power which attracts the needle and may regulate a thousand celestial observations that require only this voyage to render their seeming eccentricities consistent for ever. I shall satiate my ardent curiosity with the sight of a part of the world never before visited, and may tread a land never before imprinted by the foot of man. These are my enticements, and they are sufficient to conquer all fear of danger or death and to induce me to commence this laborious voyage with the joy a child feels when he embarks in a little boat, with his holiday mates, on an expedition of discovery up his native river. But supposing all these conjectures to be false, you cannot contest the inestimable benefit which I shall confer on all mankind, to the last generation, by discovering a passage near the pole to those countries, to reach which at present so many months are requisite; or by ascertaining the secret of the magnet, which, if at all possible, can only be effected by an undertaking such as mine. These reflections have dispelled the agitation with which I began my letter, and I feel my heart glow with an enthusiasm which elevates me to heaven, for nothing contributes so much to tranquillise the mind as a steady purposeā€”a point on which the soul may fix its intellectual eye. This expedition has been the favourite dream of my early years. I have read with ardour the stories of the various voyages which have been made in the prospect of arriving at the North Pacific Ocean through the seas which surround the pole. You may remember that a history of all the voyages made for purposes of discovery composed the whole of our good Uncle Thomasā€™ library. My education was neglected, yet I was passionately fond of reading. These volumes were my study day and night, and my familiarity with them increased that regret which I had felt, as a child, on learning that my fatherā€™s dying injunction had forbidden my uncle to allow me to embark in a seafaring life. These visions faded when I perused, for the first time, those poets whose effusions entranced my soul and lifted it to heaven. I also became a poet and for one year lived in a paradise of my own creation; I imagined that I also might obtain a niche in the temple where the names of Homer and Shakespeare are consecrated. You are well acquainted with my failure and how heavily I bore the disappointment. But just at that time I inherited the fortune of my cousin, and my thoughts were turned into the channel of their earlier bent. Six years have passed since I resolved on my present undertaking. I can, even now, remember the hour from which I dedicated myself to this great enterprise. I commenced by inuring my body to hardship. I accompanied the whale-fishers on several expeditions to the North Sea; I voluntarily endured cold, famine, thirst, and want of sleep; I often worked harder than the common sailors during the day and devoted my nights to the study of mathematics, the theory of medicine, and those branches of physical science from which a naval adventurer might derive the greatest practical advantage. Twice I actually hired myself as an under-mate in a Greenland whaler, and acquitted myself to admiration. I must own I felt a little proud when my captain offered me the second dignity in the vessel and entreated me to remain with the greatest earnestness, so valuable did he consider my services. And now, Margaret, do I not deserve to accomplish some great purpose? My life might have been passed in ease and luxury, but I preferred glory to every enticement that wealth placed in my path. Oh, that some encouraging voice would answer in the affirmative! My courage and my resolution is firm; but my hopes fluctuate, and my spirits are often depressed. I am about to proceed on a long and difficult voyage, the emergencies of which will demand all my fortitude: I am required not only to raise the spirits of others, but sometimes to sustain my own, when theirs are failing. This is the most favourable period for travelling in Russia. They fly quickly over the snow in their sledges; the motion is pleasant, and, in my opinion, far more agreeable than that of an English stagecoach. The cold is not excessive, if you are wrapped in fursā€”a dress which I have already adopted, for there is a great difference between walking the deck and remaining seated motionless for hours, when no exercise prevents the blood from actually freezing in your veins. I have no ambition to lose my life on the post-road between St. Petersburgh and Archangel. I shall depart for the latter town in a fortnight or three weeks; and my intention is to hire a ship there, which can easily be done by paying the insurance for the owner, and to engage as many sailors as I think necessary among those who are accustomed to the whale-fishing. I do not intend to sail until the month of June; and when shall I return? Ah, sister, how can I answer this question? If I succeed, many, many months, perhaps years, will pass before you and I may meet. If I fail, you will see me again soon, or never. Farewell, my, excellent Margaret. Heaven shower down blessings on you, and save me, that I may again and again testify my gratitude for all your love and kindness.

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